Alliance for Transparent & Affordable Prescriptions

Analysis

Alliance for Transparent & Affordable Prescriptions is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alliance for Transparent & Affordable Prescriptions reported income of $108k and spending of $154k, spending 143% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $202k to $108k (-47%), an average of -19% a year. The sharpest change came in the year to December 2021, when income dropped by 23%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alliance for Transparent & Affordable Prescriptions sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 20th percentile within DC. Charities of a similar size with the same main cause include Reid Wiley Charitable Foundation Inc ($107k), Preventive & Alternative Medicine Research Center ($108k) and Service League of the Lutheran General Healthsystem ($107k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.